Ley 445 de 1998 | Ley 445 de 1998 — Colombia law | Esheria

Ley 445 de 1998

This provision identifies Law 445 of 1998 and states its title about special increases to monthly payments and other rules.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 445 de 1998
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
commencement pension adjustments

Statute overview

About this statute

This provision identifies Law 445 of 1998 and states its title about special increases to monthly payments and other rules. Covered public-sector pensions get three annual increases on January 1, 1999, 2000, and 2001; the total increase is 75% of the positive difference between initial and current pension income, capped at 2 minimum wages, and there is no increase if the difference is negative. This law applies from its sanction and promulgation.